Element 25 (ASX: $E25) Quarterly Report Highlights

Element 25 Limited (ASX: $E25) released its June 2024 Quarterly Report, detailing significant developments. The company is investigating the potential restart of operations at Butcherbird to capitalize on the surge in manganese ore prices. This follows disruptions at South 32 Limited's Groote Eylandt operations, leading to a forecast supply disruption of up to 12 months. Additionally, Element 25 has secured a site in Louisiana, USA for its planned high-purity manganese sulphate monohydrate (HPMSM) refinery.

Executive Commentary

The potential restart at Butcherbird presents a unique opportunity amid the current market conditions. We are also pleased to have secured the site for our HPMSM refinery in Louisiana, USA, marking significant progress in our expansion plans and strategic partnerships with global automakers. These developments align with our commitment to operational excellence, sustainability, and innovation.

Quarterly Report Summary

Element 25 (ASX: $E25) is actively exploring the potential restart of operations at Butcherbird to take advantage of record high manganese ore prices. The company has also secured a site in Louisiana, USA for its planned HPMSM refinery, marking significant progress in its expansion plans. These initiatives align with Element 25's strategy to produce high-purity manganese products and demonstrate its commitment to operational excellence, sustainability, and innovation. The company's ambitions include supplying high-quality, low-carbon, sustainable manganese ore to support the electrification of the world's energy systems and combat climate change.